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Rust Belt Economy Revitalized by Oil and Gas

By Ilya Batikov

The New York Times reports on the economic revitalization that rust belt cities are experiencing as a result of oil and gas production:  "Here in Ohio, in an arc stretching south from Youngstown past Canton and into the rural parts of the state where much of the natural gas is being drawn from shale deep underground, entire sectors like manufacturing, hotels, real estate and even law are being reshaped. A series of recent economic indicators, including factory hiring, shows momentum building nationally in the manufacturing sector."

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Tags: Energy

Helping clients with their energy and environmental needs

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